sann111 (OP)
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December 16, 2017, 11:28:26 PM |
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Hey guys,
Whats the best market if i want to keep bitcoins in for long term?
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sann111 (OP)
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December 16, 2017, 11:56:33 PM |
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What market are you talking about? I think you want to say wallet. Well I will recommend a hardware offline wallet because that one is the safest and hackers cant hack it very easily. You just buy a harware wallet and you transfer all your bitcoins to that and you save your private keys on a paper that you put somewhere safely.
Sorry I was talking about Exchange, where you buy and sell, which one is good to keep my investment in for long term so it grows? |
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MJunioR
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December 17, 2017, 12:06:09 AM |
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I would try not to let my BTC in exchange and just safe guard it.
But anyway, I think that CoinBase still in the top no? They were decent at least last time I checked them.
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sann111 (OP)
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December 17, 2017, 12:17:40 AM |
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I would try not to let my BTC in exchange and just safe guard it.
But anyway, I think that CoinBase still in the top no? They were decent at least last time I checked them.
If i remove it and put in the wallet offline, will my Bitcoin still be worth the market price at the time? I want to invest. How do i do that? |
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tomwalsh
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December 17, 2017, 12:17:47 AM |
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What market are you talking about? I think you want to say wallet. Well I will recommend a hardware offline wallet because that one is the safest and hackers cant hack it very easily. You just buy a harware wallet and you transfer all your bitcoins to that and you save your private keys on a paper that you put somewhere safely.
Sorry I was talking about Exchange, where you buy and sell, which one is good to keep my investment in for long term so it grows? I would recommend binance. Ive been using them for some time. Unlike other exchanges I haven't noticed any congestion related slowdown or execution errors, Also gives access to a much larger market of altcoins and tokens. |
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sann111 (OP)
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December 17, 2017, 12:24:35 AM |
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What market are you talking about? I think you want to say wallet. Well I will recommend a hardware offline wallet because that one is the safest and hackers cant hack it very easily. You just buy a harware wallet and you transfer all your bitcoins to that and you save your private keys on a paper that you put somewhere safely.
Sorry I was talking about Exchange, where you buy and sell, which one is good to keep my investment in for long term so it grows? I would recommend binance. Ive been using them for some time. Unlike other exchanges I haven't noticed any congestion related slowdown or execution errors, Also gives access to a much larger market of altcoins and tokens. Could I keep my bitcoins in binance for long term so that it grows and i dont have to worry about selling or removing it? How about gdax and bittrex? |
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Yazrielle
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December 17, 2017, 12:35:50 AM |
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Markets don't keep bitcoins it is exchange market where you can trade,buy and sell coins. But anyway my best market for me is etherdelta thats where i trade my coins and sell,and my wallet is myetherwallet where i keep my exchange to my coins. For my wallet to bitcoins i use coins.ph i let let my btc there and wait for btc to pump for a higher profit.
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knien
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December 17, 2017, 12:41:02 AM |
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I prefer to use my hardware wallet for BTC, but with the current transactions fees, I also have some BTC on exchanges for quick trading.
Personally I have never had issues with Binance, Cryptopia and BitTrex. (but I know there are different stories)
If you want to keep your BTC on exchanges, I can only advice... spread it over multiple exchanges to spread the risk.
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sann111 (OP)
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December 17, 2017, 12:54:57 AM |
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I prefer to use my hardware wallet for BTC, but with the current transactions fees, I also have some BTC on exchanges for quick trading.
Personally I have never had issues with Binance, Cryptopia and BitTrex. (but I know there are different stories)
If you want to keep your BTC on exchanges, I can only advice... spread it over multiple exchanges to spread the risk.
If i keep bitcoin in wallet, will I still profit? Is there a fee to keep it in wallet? How do you remove it from wallet if you want to buy other currency or sell? |
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rajon
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December 17, 2017, 01:28:18 AM |
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It is true that Bitcoin is now about the future. I know that Bitcoin will use it in the next generation. It is a good reason to keep long-term, because Bitcoin is very profitable. But you have to keep your wallet carefully to save your private key.
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aray80
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December 17, 2017, 02:01:33 AM |
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I think all markets are the best and also as a place for us to sell or buy bitcoin ...
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jvdp
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December 17, 2017, 02:12:44 AM |
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What market are you talking about? I think you want to say wallet. Well I will recommend a hardware offline wallet because that one is the safest and hackers cant hack it very easily. You just buy a harware wallet and you transfer all your bitcoins to that and you save your private keys on a paper that you put somewhere safely.
Sorry I was talking about Exchange, where you buy and sell, which one is good to keep my investment in for long term so it grows? if you want to exchange safely use coinbase and localBitcoins these two exchanges are good in current market. This two exchanges are reduce the risk in transaction. Before that you should check 100+ exchange is positive in the buyer. Many exchanges are good in the market. This two is the most trusted exchanges in the digital market. |
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Images21
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December 17, 2017, 02:18:53 AM |
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Hey guys,
Whats the best market if i want to keep bitcoins in for long term?
What do you mean? I think there is only one market for Bitcoin. It's the Bitcoin market. Is there any market for Bitcoin? Or do you mean to say best wallet for holding your Bitcoin for a long term? Well, assuming that is what you mean to ask because honestly I did not get your question quite clearly, I would recommend hard wallets. Do not park your Bitcoins for long term holding in exchanges and online wallets. Try checking the likes of Trezor or Nano Ledger. |
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sann111 (OP)
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December 17, 2017, 02:20:10 AM |
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What market are you talking about? I think you want to say wallet. Well I will recommend a hardware offline wallet because that one is the safest and hackers cant hack it very easily. You just buy a harware wallet and you transfer all your bitcoins to that and you save your private keys on a paper that you put somewhere safely.
Sorry I was talking about Exchange, where you buy and sell, which one is good to keep my investment in for long term so it grows? if you want to exchange safely use coinbase and localBitcoins these two exchanges are good in current market. This two exchanges are reduce the risk in transaction. Before that you should check 100+ exchange is positive in the buyer. Many exchanges are good in the market. This two is the most trusted exchanges in the digital market. I know but on localbitcoin, you have to buy the whole coin for $19000. I want to buy in fraction and make it grow. |
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richardivan
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December 17, 2017, 02:32:11 AM |
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I prefer poloniex or bittrex, since these are biggest exchange (AFAIK). I already use poloniex and i didn't face serious problem with that exchange. You can use your local exchanger, it'll be way easier withdraw to your currency
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samcrypto
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December 17, 2017, 02:36:29 AM |
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What market are you talking about? I think you want to say wallet. Well I will recommend a hardware offline wallet because that one is the safest and hackers cant hack it very easily. You just buy a harware wallet and you transfer all your bitcoins to that and you save your private keys on a paper that you put somewhere safely.
Sorry I was talking about Exchange, where you buy and sell, which one is good to keep my investment in for long term so it grows? Bittrex and Poloniex for me is the best and I think it is now more secured to keep your money in exchanges because of the additional security made by two biggest exchanges. Now the next question is what to buy ? Well it is really depend on your goal and trading skills, better to focus on this after you decide what exchange to used. |
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sann111 (OP)
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December 17, 2017, 02:53:52 AM |
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Thank you very much.
Once i convert bitcoin to other cryptocurrency, and if i want to sell, what can i sell it as? how would i know its time to sell or not sell?
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michellee
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December 17, 2017, 04:14:35 AM |
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Hey guys,
Whats the best market if i want to keep bitcoins in for long term?
I won't suggest you keep all of your bitcoin in the exchange for a long term because no one will know how long the exchange will still online. it is better that you keep your bitcoin at offline wallet for example on your computer, android or even on the hardware wallet. it is not safe to save all of the bitcoin you have in online wallet except on blockchain.info itself. but you can keep a small amount in the exchange so you can directly use to daily trade. |
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